Prime Minister Mostafa Madbouly inaugurated Jumia Egypt’s largest e-commerce logistics warehouse, designed with cutting-edge technologies, in a move that underscores the growing strength of Egypt’s digital economy and investment climate.
Following the launch of the BSH Group’s first home appliance factory in Egypt earlier the same day, Madbouly visited the new Jumia facility, accompanied by Minister of Communications and Information Technology Amr Talaat, Cairo Governor Ibrahim Saber, and Jumia Egypt CEO Abdel Latif Olama.
Expressing his satisfaction, Madbouly praised Jumia’s successful expansion in Egypt and highlighted the company’s growing confidence in the Egyptian market. He emphasized that this investment reflects the broader trust global companies place in Egypt’s improving investment environment.
The Prime Minister reaffirmed the government’s commitment to supporting digital transformation, logistics infrastructure development, and job creation, particularly within the digital economy and e-commerce sectors.
For his part, Jumia Egypt CEO Abdel Latif Olama stressed the company’s belief in digital economy growth as a key driver of Egypt’s future. He affirmed that cooperation with the government bolsters national efforts in digital transformation and enables small and medium-sized enterprises (SMEs) to scale both domestically and internationally.